ANNOUNCEMENT 27 Jun 2013

The Chilean Government applied reductions on the import tariffs of raw sugar and refined sugar.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 204/2013. Aplica rebajas de derechos de aduana para la importación de azúcar cruda, azúcar refinada grados 1 y 2, y azúcar refinada grados 3 y 4, y subestándares. http://www.leychile.cl/Navegar?idNorma=1052217

Inception date: 01 Jul 2013 | Removal date: 31 Jul 2013

Import tariff

On June 27, 2013, the Chilean Ministry of Public Finance passed the Exempt Decree 204 to establish new applicable discounts on customs duties on sugar for a one-month period starting on July 1, 2013. The new law established different reductions on the ad valorem customs duties. The applicable discounts were USD 94.95 per tonne of raw sugar; USD 213.17 per tonne in refined sugars qualified as Grade 1 or 2; and USD 142.24 per tonne in refined sugars qualified as Grade 3, 4 and other substandard. During the previous month, there were no applicable discounts on the importation of sugar.

The objective of this decree is to establish a relative margin for internal prices to fluctuate in comparison to the international market.

AFFECTED SECTORS

 

AFFECTED PRODUCTS